6160 St. Andrews Rd
Columbia, SC 29212
Bureau Propriété À vendre

6160 St Andrews Road presents an exceptional opportunity to acquire a well-maintained, multi-tenant office investment in the established St. Andrews corridor of Columbia, South Carolina. The property consists of two office buildings totaling approximately 8,940 square feet with seven office suites situated on one site. Six of the seven suites are currently leased to established local tenants, providing immediate cash flow, while one 1,200-square-foot suite is vacant and available for owner occupancy or lease-up, creating an attractive value-add opportunity.
Building 1 contains approximately 4,140 square feet and features three office suites occupied by long-term professional tenants. Building 2 contains approximately 4,800 square feet with four office suites, including the vacant first-floor suite that is ready for immediate occupancy. The current tenant mix provides stable income while allowing investors the opportunity to increase rental income over time as leases renew at market rates.
The property is offered at $1,100,000, representing approximately $123 per square foot. Existing in-place rents remain below current market rates within the St. Andrews office corridor, providing meaningful upside through lease renewals, lease-up of the vacant suite, and future rental rate growth. The offering includes an estimated in-place NOI of approximately $68,450 with projected stabilized NOI of approximately $86,247 upon full occupancy and market-rate leasing.
The property operates under modified gross lease terms. Tenants are responsible for their individual electricity usage, while ownership pays property taxes, building insurance, water, sewer, and common area maintenance. This lease structure has proven attractive to local office users while providing predictable operating expenses.
Located along highly traveled St. Andrews Road, the property offers excellent visibility, convenient access to Interstate 26 and Interstate 20, and is only minutes from Downtown Columbia, Irmo, Harbison, Lexington Medical Center, numerous restaurants, retail centers, and professional services. The property's central location continues to support strong demand from professional office users throughout the Columbia metropolitan area.